I heard a show on the radio yesterday talking about the anxiety young people are facing. It discussed the disconnect in this regard between young people and older folks, because the former have a better grasp of the precarity of our national and global situations. And they are going to live longer with its consequences.
The speaker cited the toilet paper panic of last year and postulated about what might happen if the next panic is directed not a hygienic product but food.
The COVID-19 pandemic, as well as the increasing effects of the climate crisis, is showing the importance of growing and making more things locally and the risks of not doing so.
There's long been a fantasy that specialization combined with a robust global supply chain would solve all the world's problems. This fantasy is dependent on a global harmony that is very atypical from a historical perspective.
To be clear, this is not an anti-globalization post. Globalization is essential to many of the positive aspects of how we live today. Fewer barriers to trade are generally - not always, anti-competitive practices undermine its benefits - better than more.
But there has to be a better balance between the local and the macro, to hedge against risks in both.
Being entirely dependent on the rest of the world is a major risk when that connection is severed, such as during a global pandemic. We've seen the effects of this already.
Only 12% of world's computer chips are manufactured in the US, compared to 37% three decades ago. And that's caused major production problems for US-based auto and electronics companies.
Canada, which has no domestic COVID-vaccine manufacturers, has fully innoculated only 19% of its citizens, compared to 45% in the US.
Even in my local area of upstate New York, many tourist-based businesses have been dependent on summer workers from Eastern Europe, already a risk in a country often run by an immigrant-bashing party. Their absence during the border closure is causing major staffing issues.
Being overly dependent on a global supply chain has led to an astonishing lack of resilience in many sectors of the economy.
One thing individuals can do is to buy as much of their food from local sources as possible. This will help ensure those local producers remain an option when a panic-induced shortage or further global supply chain disruption hits the food sector.